Mid-Cumberland Railway Print E-mail
THE PROPOSED
MID-CUMBERLAND  RAILWAY.
_________________

A circular has been issued, dated Penrith, October 28th, and  signed by: -

Dr. TAYLOR

C. FAIRER

T. GLASSON

R. A. TYSON

Jos. EDDY

R. ALLEN

Lancelot T. GLASSON

G. V. SMITH

C. VARTY

T. LAMONBY, which says: -

The directors of Cockermouth, Keswick and Penrith Railway have issued  a
circular to the shareholders convening a meeting for the 4th November, to  
consider the expediency of promoting the ensuing session of Parliament a bill  
for making a branch railway from Troutbeck to Hesket-New-Market. We, the  
undersigned shareholders, are of opinion that the making of this branch line, by  
our company, is a matter demanding your serious attention. It would appear that
 the outlay necessary to make this new branch, based even on the cost of the  
parent line, which was made in cheap times, would be, at least, £100,000. As
to  the traffic the shareholders have no  information; but we call to your
mind  the long struggle the Cockermouth, Keswick and Penrith Railway had during
its  earlier years, and the small dividends paid by it even to a recent date.

We therefore consider that this proposed branch line would be a hazardous  
undertaking, and doubt if it can be clearly and satisfactorily shown that it  
would be to the advantage of our Company to make it. We think that the  
expediency of taking such an important step cannot be fully considered and  decided
upon a single meeting. It is, therefore, our intention to propose and  support
the following resolution: -

‘That the consideration of such a vital matter be postponed, in order to  
give the shareholders time to inform themselves of the desirability or  
otherwise, of the proposed new undertaking.’

We would urge upon you the necessity of your personal attendance at the  
meeting.”

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